Drone Short Long Term Debt vs Cash Analysis

FLT Stock  CAD 0.15  0.01  7.14%   
Drone Delivery financial indicator trend analysis is much more than just examining Drone Delivery Canada latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Drone Delivery Canada is a good investment. Please check the relationship between Drone Delivery Short Long Term Debt and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Drone Delivery Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Long Term Debt vs Cash

Short Long Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Drone Delivery Canada Short Long Term Debt account and Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Drone Delivery's Short Long Term Debt and Cash is 0.1. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Drone Delivery Canada, assuming nothing else is changed. The correlation between historical values of Drone Delivery's Short Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Drone Delivery Canada are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Long Term Debt i.e., Drone Delivery's Short Long Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Cash

Cash refers to the most liquid asset of Drone Delivery Canada, which is listed under current asset account on Drone Delivery Canada balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Drone Delivery customers. The amounts must be unrestricted with restricted cash listed in a different Drone Delivery account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Drone Delivery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Drone Delivery Canada current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Drone Delivery Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enterprise Value is likely to climb to about 58.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.3 M in 2024.
 2021 2022 2023 2024 (projected)
Minority Interest897.6K826.5K229.6K218.1K
Interest Income61.8K297.3K405.0K240.7K

Drone Delivery fundamental ratios Correlations

0.320.891.0-0.71-0.660.990.770.140.950.270.84-0.470.790.830.890.990.690.690.950.970.740.790.110.80.91
0.320.620.29-0.360.010.30.080.580.240.330.31-0.31-0.020.340.590.35-0.010.00.240.250.050.73-0.250.260.23
0.890.620.87-0.59-0.630.860.70.310.830.430.84-0.530.680.870.990.880.630.60.850.870.690.860.10.780.86
1.00.290.87-0.72-0.650.990.760.120.950.250.83-0.460.790.810.870.990.680.680.950.970.730.780.110.790.9
-0.71-0.36-0.59-0.720.01-0.73-0.4-0.11-0.580.39-0.380.2-0.44-0.4-0.55-0.73-0.03-0.33-0.49-0.59-0.27-0.490.56-0.25-0.51
-0.660.01-0.63-0.650.01-0.62-0.72-0.02-0.73-0.68-0.870.47-0.65-0.78-0.67-0.62-0.99-0.67-0.81-0.73-0.82-0.46-0.78-0.91-0.83
0.990.30.860.99-0.73-0.620.670.030.960.210.81-0.460.780.770.841.00.660.580.940.940.650.770.10.780.86
0.770.080.70.76-0.4-0.720.670.390.670.370.75-0.410.680.820.760.690.70.990.740.810.940.50.230.680.88
0.140.580.310.12-0.11-0.020.030.39-0.010.420.19-0.17-0.080.290.380.09-0.010.40.080.190.380.46-0.180.120.23
0.950.240.830.95-0.58-0.730.960.67-0.010.340.88-0.480.820.830.830.960.760.590.980.920.720.740.260.880.84
0.270.330.430.250.39-0.680.210.370.420.340.55-0.370.240.530.490.240.680.360.470.380.530.550.720.660.42
0.840.310.840.83-0.38-0.870.810.750.190.880.55-0.60.720.90.860.810.860.660.910.850.830.690.460.950.89
-0.47-0.31-0.53-0.460.20.47-0.46-0.41-0.17-0.48-0.37-0.6-0.5-0.53-0.53-0.45-0.46-0.3-0.52-0.49-0.41-0.46-0.25-0.54-0.46
0.79-0.020.680.79-0.44-0.650.780.68-0.080.820.240.72-0.50.810.70.770.660.620.830.850.730.520.240.710.74
0.830.340.870.81-0.4-0.780.770.820.290.830.530.9-0.530.810.910.790.760.760.870.880.860.730.330.880.87
0.890.590.990.87-0.55-0.670.840.760.380.830.490.86-0.530.70.910.870.660.670.860.890.770.850.140.80.88
0.990.350.880.99-0.73-0.621.00.690.090.960.240.81-0.450.770.790.870.660.60.940.950.670.810.090.780.87
0.69-0.010.630.68-0.03-0.990.660.7-0.010.760.680.86-0.460.660.760.660.660.650.840.750.80.490.770.910.83
0.690.00.60.68-0.33-0.670.580.990.40.590.360.66-0.30.620.760.670.60.650.660.740.920.410.220.60.81
0.950.240.850.95-0.49-0.810.940.740.080.980.470.91-0.520.830.870.860.940.840.660.950.80.770.360.920.89
0.970.250.870.97-0.59-0.730.940.810.190.920.380.85-0.490.850.880.890.950.750.740.950.820.790.220.830.93
0.740.050.690.73-0.27-0.820.650.940.380.720.530.83-0.410.730.860.770.670.80.920.80.820.510.390.780.87
0.790.730.860.78-0.49-0.460.770.50.460.740.550.69-0.460.520.730.850.810.490.410.770.790.510.080.710.68
0.11-0.250.10.110.56-0.780.10.23-0.180.260.720.46-0.250.240.330.140.090.770.220.360.220.390.080.610.33
0.80.260.780.79-0.25-0.910.780.680.120.880.660.95-0.540.710.880.80.780.910.60.920.830.780.710.610.84
0.910.230.860.9-0.51-0.830.860.880.230.840.420.89-0.460.740.870.880.870.830.810.890.930.870.680.330.84
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Drone Delivery Account Relationship Matchups

Drone Delivery fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.7M29.4M33.0M19.7M10.3M13.4M
Other Current Liab1.5M167.9K396.7K103.2K118.7K112.8K
Total Current Liabilities1.7M2.0M2.0M1.2M891.1K1.0M
Total Stockholder Equity15.5M27.1M30.8M18.5M9.1M12.3M
Net Debt(9.2M)(23.0M)(27.3M)(15.1M)15.5M16.3M
Retained Earnings(47.2M)(61.4M)(76.1M)(89.5M)(99.4M)(94.5M)
Cash9.8M23.5M27.7M15.3M7.4M10.2M
Non Current Assets Total4.6M4.5M4.4M3.5M2.3M2.2M
Non Currrent Assets Other370.2K592.9K4.6M(1.0)(1.15)(1.09)
Cash And Short Term Investments9.8M23.5M27.7M15.3M17.6M10.6M
Net Receivables3.1M522.8K421.3K486.7K3.5M3.7M
Common Stock Shares Outstanding172.8M184.7M222.1M224.2M224.2M123.8M
Liabilities And Stockholders Equity17.7M29.4M33.0M19.7M22.7M13.6M
Other Current Assets202.6K892.8K505.9K343.6K436.8K284.2K
Other Stockholder Equity13.6M18.9M10.5M11.7M13.4M7.1M
Total Liab2.2M2.3M2.2M1.2M1.2M1.1M
Total Current Assets13.1M24.9M28.6M16.2M8.0M11.4M
Common Stock49.2M69.5M96.3M96.3M110.8M116.3M
Property Plant And Equipment Net3.9M3.6M3.4M2.6M1.9M1.9M
Net Tangible Assets14.8M26.3M29.8M17.6M20.3M16.9M
Accounts Payable983.7K1.6M1.4M909.9K594.9K889.3K
Property Plant Equipment3.9M3.6M3.4M2.6M3.0M1.9M
Non Current Liabilities Total463.8K308.5K227.3K19.8K329.1K185.4K
Intangible Assets713.2K844.5K919.8K878.5K403.4K642.3K
Net Invested Capital15.5M27.1M30.8M18.5M9.1M15.4M
Net Working Capital11.4M22.9M26.6M15.0M7.1M13.3M
Capital Stock49.2M69.5M96.3M96.3M110.8M81.2M

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